INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Spain urges WTO meet in UAE to address de-globalization

ABU DHABI, UAE - Madrid wants the upcoming 13th Ministerial Conference (MC13) of the World Trade Organization (WTO) here next...

Business

SIB, Noqodi sign agreement

The Noqodi platform will enable digital payments.

Business
Geostrategy

Saudi-Italian space agencies ink pact on cooperation

The Saudi Space Commission and the Italian Space Agency sign a memorandum of understanding for enhancing cooperation in the field...
  • Saudi Space Commission, Italian Space Agency sign an MoU to enhance cooperation in space-related activities for peaceful purpose
  • Federation of Saudi Chambers and General Confederation of Italian Industry ink an MoU to establish a joint Italian-Saudi business council
Business

Qatari private exports value surge by 46 percent in Q1 2022

Qatar Chamber (QC) said in its quarterly report that the export value of private sector in Q1 2022 hiked to...
  • During Q1 2022, Asian countries (except GCC and Arab countries) received 50.4 percent of total exports valued QAR 3.89 billion.
  • India was the top business partner receiving exports valued around QAR 1.79 billion representing 32.2 percent of total exports.
Infographics

MENA nations make some ‘genuine progress’

Several MENA countries have fared well on all three domains of the Genuine Progress Indicator, which has been hailed as...
  • The GPI nets the positive and negative results of economic growth to examine whether or not it has benefited people overall.
  • GPI incorporates environmental and social factors which are not measured by GDP.
Economy

UAE’s Ministry of Energy and Infrastructure wins DACA Awards

The UAE Ministry of Energy and Infrastructure received the 'Sustainability Leader in Shipping' award and a 'Decarbonization Champion in Power...
  • The UAE Ministry of Energy and Infrastructure was received the Sustainability Leader in Shipping award
  • The ministry also got a Decarbonization Champion in Power Sector award during the Decarbonization and Climate Action Awards
Business

Chimera Capital launches two funds

The funds are Shariah-compliant and fully fungible exchange-traded funds.
  • Both funds will be listed on Abu Dhabi Securities Exchange (ADX).
  • The new Shariah-compliant ETFs will offer UAE investors direct access to US equity markets, further expanding Chimera’s product offering, the company said.
Business

1,600 African companies join Dubai Chambers since Oct 2021

Over 1,600 new African member companies have registered with Dubai Chambers since October 2021, growing 6.5 percent to reach 26,420...
  • The number of African firms grew 6.5 percent to reach 26,420 today, the Chambers said.
  • A total of 550 bilateral business meetings were held on the sidelines of Global Business Forum Africa last year,
Economy

8 conciliators in economic disputes sworn in at Abu Dhabi

Eight members of the first batch of conciliators in economic disputes and consumer complaints were sworn in at Abu Dhabi....
  • The first batch of 8 conciliators in economic disputes and consumer complaints were sworn in
  • The conciliators will begin their duties in the Abu Dhabi Department of Economic Development
Business

EGA holds wearable tech trial

Trial aimed at preventing heat-related illness in workers.
  • 50 volunteers working in EGA's hottest operations are wearing devices to monitor critical health indicators.
  • Data is transmitted in real-time to supervisors and EGA's occupational health team, with alerts to variations of potential concern.

Alpha Dhabi’s ‘W Solar’ to invest in Libya renewable energy

The company, a subsidiary of Alpha Dhabi Holding, signed an MoU with the General Electricity Company of Libya.
  • The company, a subsidiary of Alpha Dhabi Holding, signed an MoU with the General Electricity Company of Libya
  • By 2030, Libya aims for 22 percent of electricity generation to come from renewable energy
Business

Yiwu Market of Dubai ready to welcome consumers

Yiwu Market of Dubai, the first smart free zone market in the region, will open tomorrow, aiming to revolutionize the...
  • Yiwu Market is the first phase of the Dubai Traders Market in the Jebel Ali Free Zone (Jafza)
  • The market comprises 324 warehouses spread across two floors

Spain urges WTO meet in UAE to address de-globalization

ABU DHABI, UAE - Madrid wants the upcoming 13th Ministerial Conference (MC13) of the World Trade Organization (WTO) here next...
Business

Company News

Latest News

Global government spending on clean energy transitions rises to $1.2 trillion

The increase brings total amount of investment support that governments have allocated to clean energy to $1. 215 billion.
Economy

US climate envoy commends decision to hold COP28 in UAE

Washington, US— The US has commended the decision to hold next year’s 28th UN climate change conference in the UAE....
Economy

Jordan minister opens Grotto of the Nativity in Dead Sea

The Grotto of the Nativity, the largest in Jordan, is a model that represents the birth of Jesus Christ, the...
Economy
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Geostrategy

Saudi Crown Prince: ‘Arabs will race for progress and renaissance once again. We will prove that every day’

China has established comprehensive strategic partnership relations with 12 Arab countries separately, says Xi Jinping during Arab-China Summit in Riyadh.
  • China has established comprehensive strategic partnership relations with 12 Arab countries separately, says Xi Jinping during Arab-China Summit in Riyadh
  • The summit vowed to confront the food, energy and climate crisis, and find political solutions to thorny issues and working to maintain peace and security in the region
Business

Dubai records weeklong real estate transactions worth $2.48 billion

Dubai, UAE --Dubai recorded a total of 3,186 real estate transactions worth over AED 9.1 billion ($2.48bn) during the week...
  • The DLD report said that 419 plots were sold for AED 2.24 billion, while 2,233 apartments and villas were purchased for AED 4.64 billion.
  • The top three transfers for apartments and villas were apartments for AED 54 million, AED 50 million and AED 37 million.
Economy

Tourists, cruises, flights to Aqaba on the rise in December

AQABA, JORDAN - The southern city of Aqaba is welcoming an increasing number of local visitors and foreign tourists of...
  • The ports of Aqaba are expected to receive eight giant cruise ships carrying about 2,700 tourists each.
  • King Hussein International Airport in Aqaba has received 18 flights from abroad in since the beginning of December.